Daniel Kemp
Foreign ownership of agricultural land and water entitlements remained broadly flat in the 12 months to June 2019, according to the latest figures from the Foreign Investment Review Board.
The listed property fund manager moved to acquire goFARM and the management rights to its Vitalharvest Freehold Trust because it was attracted to the fundamentals of agriculture.
The assets, acquired through Warakirri-managed venture Aurora Dairies, will sell all milk to Beston Global Food Co for 10 years.
Oxley Capital Partners founder Ben Craw says new opportunities are emerging as covid-19 disruption plays out.
AAM Investment Group will use the money to purchase livestock and support a new wholly-owned livestock management company.
Tasmanian Agriculture Company has become the first farm in the state to register a soil carbon project under Australia’s Emissions Reduction Fund – its owners believe it will help make the business attractive to private equity investors.
Foreign investors ‘can’t put water in their suitcase and take it away,’ says Pavey as she stresses Australia's need for global investors and trade markets.
The federal government plans tighter restrictions on foreign investment in a range of sectors from 2021 – but agriculture will revert to its pre-covid regime.
A combination of factors led JBS to close a processing facility in Queensland this week in a sign of the challenges that Australia’s beef exporters are set to face in the coming months.
Rural lender Rabobank finds that farm profitability is the prime driver of Australian land prices with profits set to remain strong despite the prospect of a global recession.